Category: Uncategorized

Vista Bank Romania has signed an agreement to acquire the entire stake in brokerage house Investimental, marking a strategic exit for founder Sacha Dragic. The transaction concerns 100% of the brokerage company’s capital and is expected to be completed in the second quarter of this year, subject to the approval of the Financial Supervisory Authority,…

The project company RoPower Nuclear (RPN), set up by Nuclearelectrica and its partner Nova Power and Gas for the development of the small modular reactors (SMR) based on the technology provided by the US company NuScale, issued a recommendation for cautious and gradual investment in the project. The shareholder meeting at Nuclearelectrica, which is providing…

Austria’s Erste Group has maintained its forecast for Romania’s economic growth at 1.3% in 2025, a scenario considered highly likely and consistent with a mild technical recession episode in H2, followed by growth of around 2.1% in 2026. However, Erste’s analysts warned that downside risks are mounting, particularly if consumer sentiment fails to improve over…

Australian electronic music duo Empire of the Sun will return to Bucharest on June 14, 2026, as part of their Ask That God Tour. The concert is scheduled to take place at Arenele Romane. The Bucharest show is included in the band’s 2026 European and UK tour, which kicks off in May and features more…

Romania ranks among the European Union countries with the lowest minimum wages, with only two member states recording lower levels, according to the latest data published by Eurostat. On January 1, 2026, 22 out of 27 EU states had national minimum wages, all except Denmark, Italy, Austria, Finland, and Sweden, the statistical office said.  Romania’s minimum wage stands…

Il Cinema Ritrovato on Tour, the event dedicated to restored and archival films, returns with a third edition in Bucharest, and adds Cluj and Timișoara to the list of cities where it will hold screenings. This year’s program, curated by critic Călin Boto, highlights the Italian cinema of the 1960s and the 1970s. The selection…

The European Commission announced on Friday, January 30, that it decided to refer Romania to the Court of Justice of the European Union (CJEU) over its failure to fully comply with EU rules on waste landfills, citing ongoing breaches of obligations under the Landfill Directive and Romania’s Accession Treaty. EU legislation requires member states to…

Mercure Hotels & Resorts has opened Mercure Bucharest Cantemir, a new hotel located in central Bucharest, within walking distance of Unirii Square, the Old Town, and Tineretului Park. The opening further expands Accor’s footprint in Romania, bringing the group’s local portfolio to 25 hotels. Mercure Bucharest Cantemir is owned by Sab Serv Expres S.R.L., part…

Romanian-owned companies account for a majority of the country’s largest businesses, but their presence varies sharply by region, according to a PwC Romania analysis on the structure of local entrepreneurship. The study shows that companies with Romanian capital make up 53% of the top 5,000 largest firms nationwide. The dominance of Romanian-owned companies is most…

The Bucharest City Hall has announced the arrival of 22 new trolleybuses with battery autonomy, marking another step in the modernization of the capital’s public transport fleet operated by STB. Each vehicle will undergo testing and individual acceptance procedures, with passenger service expected to begin this spring on Line 86. The trolleybuses, purchased with non-reimbursable…